Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assume that Home can produce two goods, apples and bananas. The unit labor requirement in apple production is 4, while it is 2 in banana production. Foreign’s unit labor requirement for apples is 8 and it is 2 for bananas. Assume that when these countries trade, Home specializes in apples, Foreign specializes in bananas and the world relative price of apples (PA/PB) = 2.
a. If these countries trade, which country will have a higher wage? Why is this the case?
b. Using a numerical example for prices, show how wages are derived in each country when they trade with each other.
Assume that you go on vacation to France. If the exchange rate value of the dollar increased in relation to the French currency, the euro, would the goods you purchase in France become more or less expensive to you? Would you be likely to buy more go..
Which competitive pay policy would you recommend to an employer? Why? Does it depend on circumstances faced by the employer? Which ones? What are the differences between merit pay and incentives? Why might an organization choose one or the other?
Choose at least two (2) risk implementation considerations you need to decide (in advance) within a project. Provide a rationale for your response.
A pipeline contractor can purchase a needed truck for $36,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $2,200 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $1..
1. Is there too much rural-to-urban migration in LDCs? Why or why not?
When two people enter into a contract they both expect something very specific from the other, right? Does this make calculating damages, in a case of breach of contract, easy, Why or why not?
Assume that the demand for iron (the primary component of steel) is Q = P^(-a)? , where the exogenous parameter a>0 takes some fixed value. For all parts assume that the iron market is in equilibrium. Find the inverse demand curve for iron. Does the ..
What is the most appropriate way to compare budget deficits/surpluses across time?
Write down the decision box which combines the letter grade also the amount of fun you have into a single payoff for each outcome.
In class is was claimed that at the wealth maximizing output for a price searcher who is making zero (economic) profits, the Average Total Cost Curve must be tangent to the Demand Curve rather than merely be equal to but bisecting the Demand (either ..
The rate of unemployment below which the rate of inflation tends to rise and above which the rate of inflation tends to fall is known as the A) Phillips rate of unemployment.
q1. explain how does an increase in transport costs change the gains from trade in melitzs 2003 model? are the effects
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd